Moody’sInvestorsService upgradedIrelandtoinvestm ent gradeonFriday，handingthegovernm ent am ajor post-bailout boost andopening itsalready sought-afterdebttoinvestorsprohibited from buying junk-ratedpaper.
穆迪投資服務(wù)公司上周五將愛爾蘭信用評(píng)級(jí)上調(diào)至投資級(jí)別，這給予結(jié)束救援計(jì)劃后的該國(guó)政府一個(gè)重大的幫助，并且將該國(guó)債務(wù)從禁止投資的垃圾債券級(jí)別變?yōu)閷?duì)投資者開放的債務(wù)。(路透社)
T henew Baa3im plies am oderateriskofdefault. It is the sam e rankingas Spain.
新的Baa3評(píng)級(jí)表明一種中等的違約風(fēng)險(xiǎn)。這一評(píng)級(jí)和西班牙的評(píng)級(jí)相同。(愛爾蘭獨(dú)立報(bào))
M oody’s cites tw okeyfactors behindtheupgradefor D ublin：therecoveryintheecon-om yandtheexit from thethree-year bailoutorchestratedbyE uropeandtheInternationalM onetaryFund . In particular，theabilityofIrelandtoreturn tom arket funding w ithouttheinsurancepolicyof aprecautionarycreditlinew as asignal that M oody’s ratingw as toolow .
穆迪引證了提高愛爾蘭級(jí)別的兩大主要原因：經(jīng)濟(jì)復(fù)蘇以及退出三年來由歐洲和國(guó)際貨幣基金組織安排的救援。尤其是，愛爾蘭在沒有預(yù)防性信貸額度擔(dān)保的情況下能夠重回市場(chǎng)融資顯示穆迪對(duì)愛爾蘭信用評(píng)級(jí)太低了。(華爾街日?qǐng)?bào))
It is thelatest inarunof goodnew s forIreland，w hich becam ethefirsteuro zonecountrytocom plete abailout，m ade astorm ingbondm arket returnlast w eek.
對(duì)于愛爾蘭來說，這是好消息中最新的一個(gè)。愛爾蘭是歐元區(qū)第一個(gè)結(jié)束了救援計(jì)劃的國(guó)家，今年年初轟轟烈烈地回到債券市場(chǎng)。(路透社)
M oody’s w as theonlyratings firm tocutIreland to“junk”. B ut Ireland’sdow ngradealw ays lookedanom alous. T hecountrydidre-quire abailout toprovide fundingw henm arketrates rosesharplyfrom late2010onw ards;butIrelandhas noneof thedeep-seatedstructuraleconom ic problem s facingPortugal andG reece.R ather，itw asoverw helm ed by itsbankingcrisis：w hile that has causedhuge problem s，itdidnot dam ageIreland’s underlyingeconom icstrengths.
穆迪是唯一一個(gè)將愛爾蘭信用評(píng)級(jí)下調(diào)至垃圾級(jí)別的評(píng)級(jí)公司。但是愛爾蘭的降級(jí)看上去總是不那么和諧。愛爾蘭確實(shí)在2010年末在市場(chǎng)利率大幅拉升的情況下申請(qǐng)了基金救助。但是該國(guó)并沒有葡萄牙和希臘所具有的深層次結(jié)構(gòu)性經(jīng)濟(jì)問題。相反的，它被銀行業(yè)危機(jī)所擊垮，盡管引起了巨大的問題，但是并未損害到愛爾蘭的經(jīng)濟(jì)基礎(chǔ)。(華爾街日?qǐng)?bào))
Fitch，w hichrates Irishdebt three notchesabove junkstatus at BBB+ w ithastable out-look，isnext in linetogivean updatein am onth’s tim e. S& P liftedtheoutlookonitsBBB+ ratingtopositive last year andw ill re-view it againinJune.
惠譽(yù)給愛爾蘭的債務(wù)評(píng)級(jí)是BBB+，高于垃圾級(jí)別三個(gè)等級(jí)，該公司將是下一個(gè)更新愛爾蘭級(jí)別的公司。標(biāo)普曾在去年將BBB+評(píng)級(jí)的展望提升為正面，并將在今年6月份再度進(jìn)行復(fù)審。(路透社)
“T his is abetter-than-expectedresult forIreland，toget theoutlookchangedtopositiveis anaddedbonus，”saidR yanM cG rath，a bonddealer at C antor Fitzgerald.“W hat it m eansonM ondaym orningis that yields are goingtotrade low er.”
C antor Fitzgerald的債券交易員瑞安.麥克格拉斯表示，這對(duì)愛爾蘭來說是一個(gè)好于預(yù)期的結(jié)果，展望變?yōu)檎媸且粋€(gè)額外的獎(jiǎng)勵(lì)。這意味著周一早盤(愛爾蘭債券)收益率將走低。(路透社)
Irelandhas seenastrongstart to2014：ithas raisedE U R 3.75billioninanew 10-yearbondthat drew orders of E U R 14billion，w ith83% of dem andcom ingfrom foreigninvestors.Its stockm arket is boom ing，unem ploym ent isfallingandsurveydatasuchas M arkit’s pur-chasingm anagers’indexes suggest grow thw illcontinue.
愛爾蘭今年有一個(gè)強(qiáng)勁的開局。它已經(jīng)發(fā)行了一筆37.5億歐元的10年期債券，投資者的投標(biāo)規(guī)模超過140億歐元，其中83%的需求來自國(guó)外投資者。愛爾蘭股票市場(chǎng)漲勢(shì)不錯(cuò)，失業(yè)率在下降，調(diào)查數(shù)據(jù)如M arkit采購(gòu)經(jīng)理人指數(shù)都顯示增長(zhǎng)將繼續(xù)。(華爾街日?qǐng)?bào))
H ow ever，the governm ent still has w orktodotoreduce its budget deficit further，althoughM oody’s thinks achievinga target of below 3%of G D P by2015 isdoable. A nd w ith grossdebt set topeakat 124% of G D P (althoughnet debt islow er，at just under100%)，Irelandfaces alonghaul inreducingthat bur-den.
不過，愛爾蘭政府仍需要進(jìn)一步減少預(yù)算赤字，穆迪認(rèn)為2015年將預(yù)算赤字減至G D P的3 %以 下 是 可 行 的 。 由 于 總 債 務(wù) 已 經(jīng) 達(dá) 到G D P124%的峰頂(盡管凈債務(wù)較低，為100%以下)，愛爾蘭要減少債務(wù)負(fù)擔(dān)還有很長(zhǎng)的路要走。(華爾街日?qǐng)?bào))
A new $100 m illion fund aim ed atstrengtheningtiesbetw eenIrelandandC hinahas beenestablishedbytheN ational PensionsR eserveFund. T heC hinaIrelandT echnologyG row thCapital Fundw ill invest infast-grow ingcom panies inIrelandthat haveaninterest orpresenceinC hina，andw ill alsobacksim ilarChinese firm s that w ant toset uphere.
旨在鞏固愛爾蘭和中國(guó)關(guān)系的金額為1億美元的基金已經(jīng)由愛爾蘭國(guó)家養(yǎng)老儲(chǔ)備基金設(shè)立。中國(guó)愛爾蘭科技發(fā)展資本基金將投資于愛爾蘭對(duì)中國(guó)有興趣或者已經(jīng)在中國(guó)展開業(yè)務(wù)的快速增長(zhǎng)的公司，同時(shí)也將支持類似打算在愛爾蘭發(fā)展的中國(guó)公司。(愛爾蘭時(shí)報(bào))
(周武英 編譯)